823 25th Street, San Pedro, CA 90731
  • MLS#: OC25118090 ( Apartment )
  • Street Address: 823 25th Street
  • Viewed: 1
  • Price: $3,150,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: LOS ANGELES
  • City: San Pedro
  • Zipcode: 90731
  • Provided by: Real Broker
  • Contact: Christine Christine
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Located in an elevated section of San Pedro, this multifamily asset enjoys sweeping views of the surrounding area and proximity to major redevelopment initiatives. The property benefits from strong fundamentals and is positioned to capitalize on public and private investments in the area. The property consists of 10 residential units with a well balanced mix of 1 bedroom, 2 bedroom, and 3 bedroom layouts, catering to a broad tenant demographic. The unit mix offers both affordability and spacious living options, supporting tenant retention and rental upside potential. The property features 10 private garages and 2 open parking spaces, offering ample off street parkingan attractive amenity in the San Pedro market. Tenants benefit from an on site coin operated laundry facility, which also provides supplemental income. Recent capital improvements include a new roof installed in 2024, reducing future maintenance costs, and upgraded stair railings that enhance both safety and curb appeal. These enhancements reflect strong ongoing maintenance and add long term value to the asset. Proximity to LA Waterfront Revitalization: Situated near the government backed San Pedro Harbor Redevelopment, including future mixed use retail, parks, promenade, and tourism focused infrastructure. Coastal Views & Elevated Topography: Select units may feature harbor views. Higher elevation provides enhanced drainage and long term structural resilience. Transit & Accessibility: Easy access to freeways, public transportation, and the Vincent Thomas Bridge ensures strong connectivity to Long Beach, South Bay, and Downtown LA.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 10370.00
Commoninterest
  1. Condominium
Common Walls
  1. No Common Walls
Cooling
  1. Central Air
Country
  1. US
Electric Expense
  1. 9288.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 10.00
Heating
  1. Central
Insurance Expense
  1. 9159.00
Laundry Features
  1. Community
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 65214.00
Number Of Separate Electric Meters
  1. 11
Number Of Separate Gas Meters
  1. 10
Number Of Separate Water Meters
  1. 11
Parcel Number
  1. 7463013028
Pool Features
  1. None
Postalcodeplus4
  1. 5803
Professionalmanagementexpense
  1. 12369.00
Property Type
  1. Apartment
Sewer
  1. Unknown
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 439553679:CRM
Taxblock
  1. 19
Totalexpenses
  1. 134453.00
Trash Expense
  1. 6996.00
Water Sewer Expense
  1. 9288.00
Water Source
  1. Public
Year Built
  1. 1948
Year Built Source
  1. Assessor
Zoning
  1. LARD2